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Business Climate and Industrialization of the Korean Fiber Industry

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서울대학교 경영대학 경영연구소
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Abstract

In order to understand the present situation of the textile industry in Korea,we need to know about the close relationships among GNP, outputs of the manufacturing industry, those of the textile industry and. its export amount, and so on. In addition, we also need to know about the trend in each variable and the propbrtion of one to another. I will only show several data which are essential to this subject. The proportion of the product-output ofthe manufacturing industry to GNP is shown in Table 1. And its trend since 1953 is traced in Figure 1. As we can see from the relationship between the outputs of the man?facturing industry and GNP in Table 1 and Figure 1, the outputs of the manufacturing industry as a percent of GNP have continuously grown. The proportion of the outputs of the textile indUBtry to the total outputs of the manufacturing industry is shown in Table 2. And its trend since 1953 is also traced in Figure 2.

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